Tag: China

China Inflation May Provide Room for Stimulus: Economy – Bloomberg Hyperinflation is just around the corner. More seriously: 1. I don’t trust China’s govt as much as I trust the U.S. govt, so this number is probably wildly underestimated. But it’s still probably not more than 10% YoY. 2. It does open up the roomRead More

Happy Birthday, Chance! Today is my son’s 8th birthday. 🙂 Ex-Goldman Programmer Aleynikov’s Conviction for Stealing Code Reversed – Bloomberg This is big Chicago news because he had a meeting with Citadel. I think he got arrested when he got off the plane in NYC. Congress Extends Payroll Tax Cut to 2013 – Bloomberg GoodRead More

If you look around the internets, you can find a little bit about China’s 12th 5 year plan. Here is one of the key components of the 5 year plan. “Rise in domestic consumption” There are not many ways to do this on a large scale. One way would be for China to cut theirRead More